Comments by "Rune of Svalbard" (@vladimirofsvalbard9477) on "TellEmBoi" channel.

  1. When I was 18 years old (in 2012), I was all set to go to either Kent State or OSU. I was going to pursue Russian Language at the time. When the loan paperwork got laid in front of me; I refused. It was $80,000 plus interest for a job field that maxed out around $50k. My parents were furious and all the disappointment in the world ensued. I just saw it as a contract for my own slavery. I went to work for FedEx instead and got my CDL. Now I'm married, own a home, and have a son; without student debt (thank God).
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  2. I still can't believe this scam has continued. I realized college was a scam when I graduated HS in 2012. $80k for a job that pays (max-$50k) which was Russian Translation at the time. I said 'absolutely not'. How these kids just sign these loans and don't understand interest and job prospects is beyond me. I do try to empathize because I know a lot of this pressure comes from friends and family. Many of them don't have your best interests. They just want to gloat to their friends about which University you're attending because it makes them popular at cookouts.
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  3. Companies are posting ghost jobs because it gives them a tax-break on their unemployment insurance dues to the state they operate in. Each company of a certain size has to report their employment numbers and their vacancies. Companies found out that they could create a large number of 'unfilled jobs' in ratio with their employment stats so that it 'appears' that there is no lack of labor prospects. The state happily takes the numbers because it makes their labor market look good. The companies in turn impose quotas on their hiring staff to interview people for 'said ghost job' so that the company doesn't get sued for tax fraud.
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  4. Not really; the entire globe is experiencing economic strife.
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  5. $13 for a bag of cherries? Where on earth; California maybe? I realize that inflation has been bad, but I just picked up some tender sirloins 1lb ( $11.00), bananas ($1.50), and a 5lb bag of potatoes ($3.47) for $15 bucks. People need to make better choices!
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  6. Canada is not a 'low cost living' nation. Perhaps you just meant 'your own family?'
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  7. Yes and no! I'm a tradesman and the economy hasn't been this bad since 2008. There is no demand. The only way you are going to score customers is by being in professions like 'plumbing' where they are forced to finance loans for necessity maintenance or projects. Other than that, truck driving, carpentry, and even construction are really hurting.
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  8. We already had the UBI experiment in 2020. Newsflash, UBI is inflationary. If you give people (ex: $12k annually). All that's going to happen is prices will spin out of control. After that you have to do a COLA adjustment each year; it would be in the 10-20% annually. We'd be in hyperinflation before you knew it. It's no different than giving people free loans (which we essentially did in 2020 with stimulus, PPP loans, and 0.25% rates).
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  9. Wages can't go up; prices need to come down. The scary part is that the Federal Government cannot afford a deflationary event at this point in time. It would implode all of the existing debts. They have no choice but to inflate away the debts and by extension; prices. This means that wages may go up over time, but they will fall further and further away from affordability. Nobody will ever again have the purchasing power that they did in 2019, ever! The strain will get harder until the currency implodes and we lose reserve currency status. No going back now.
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  10. That's hardly the issue. People can't afford a living because the Keynesian model is coming to an end. We can't be the Reserve Currency while exporting 'essentially' nothing.
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  11. That's ridiculous, I can buy $9.00 ERA Detergent at Menards or just use Baking soda/vinegar.
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  12. Many employers and recruiters are withholding the salary info intentionally. I remember job hunting back in 2018-2019 and most employers were irritated when I asked. I even had one of them tell me he was going to terminate the interview just for asking over the phone.
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  13. Yeah, 272,000 ghost jobs lol
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  14. I truly feel bad for people that got roped into college/student debt in the last 4 years. It is quite literally a 'death sentence' for most people outside of some medical and STEM careers. For anybody thinking about going to college. DON'T DO IT!
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  15.  @gionagrace6279  Problem is, you won't get a better deal overseas; the US still has the best purchase power. If we lose reserve currency status; it will flip.
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  16.  @jacobmansfield-go9fz  No you don't bud; not sure where you heard that. Go apply for state-trooper and pass the physical exam.
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  17. It's not capitalism, it's monetary policy and inevitable Keynesian economics. This wouldn't have happened if the government hadn't shilled out ultra-low debt for the last 25 years.
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  18.  @UnitedCorporationsOfAmerica  Whatever makes you feel better! As if blaming capitalism associates you with a different and successful market model? I really don't see the point.
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  19. Correction: There is NO 1st world country that is more affordable in any way shape or form than the US. Moving to Europe is not a solution. This is a global issue all tied to the same economic system. Nobody in Europe is doing better than they were in 2019 and certainly not better than the opportunities people have in the US.
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  20. No, it's an everybody issue. Women are probably more likely to be 'open and honest' about it on social media. All of this is due to two reasons: bad economy and unemployment insurance fraud. Corporations are trying to get tax-cuts and the state doesn't care because they get good jobs numbers.
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  21.  @robertau543  Canada is a complete different story. Your economy is significantly more vulnerable to the global issues at stake.
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  22.  @pamelqtaylor8335  Tell me about it! My sister is going to graduate in 2 years with an Interior Design BA; $144,000 in the Midwest.
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  23. @rtlau-mk4di Kudos! Glad to hear it :)
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  24. Unemployment insurance fraud! Companies have to report their employment and vacancies to the state in order to pay into the state's unemployment insurance fund. They found out that by creating 'ghost' jobs; they could get their taxes lowered because it give the appearance of a strong labor market. The state gets good jobs numbers and the company gets a tax break. Companies then impose 'interview quotas' on their HR staff so that they don't get charged with tax fraud for a fake job. It's basically impossible to prove on paper.
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  25. It's not AI; it's unemployment insurance fraud and a bad economy.
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  26. It's unemployment insurance fraud. They create ghost jobs so they can pump up their (employment to job vacancy ratio) that they provide to each state. This allows them to tout 'big job numbers' and get a tax-deduction towards the state unemployment fund. HR are given directions to perform 'interview' quotas so that the state can't prosecute them for fraud. On top of that, the economy sucks.
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  27. Well, I'm a stay at home dad and my wife is a cardiothoracic physician assistant. I quit my CDL job to stay home with our kid for the time being. Blame the Federal Reserve for printing $8 Trillion and antics from both the Biden/Trump Administrations that exacerbated it.
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  28. It doesn't work like that. Population volume increases job market opportunities. A shrinking population not only implodes the available market supply/demand, but it would destroy the Keynesian model that were essentially operate under.
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  29. Unemployment insurance fraud! Companies have to report their employment and vacancies to the state in order to pay into the state's unemployment insurance fund. They found out that by creating 'ghost' jobs; they could get their taxes lowered because it give the appearance of a strong labor market. The state gets good jobs numbers and the company gets a tax break. Companies then impose 'interview quotas' on their HR staff so that they don't get charged with tax fraud for a fake job. It's basically impossible to prove on paper.
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  30. $35k? You might as well apply for income assistance; you'll get more.
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  31.  @slavvalb3933  Bud, don't sell that to people. There is absolutely no first world nation more affordable than the US, period. Everything is tied to the same economic system. South Korea is almost in as bad a position as Japan right now. Most people can't afford anything because they have a gargantuan amount of student loan debt that they took on top of unaffordable assets and living they picked up in 2021-2023.
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  32. Mortgage $885
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  33. If you're 'surviving'; you should focus on netting assets; not gambling with crypto.
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  34. You're not describing capitalism; you're describing a corporate oligarchy defended by a central bank.
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  35.  @JimmySentence  Good job! Stay strong out there!
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  36. Gig work died in 2022 if you didn't know. The average used car is $26,000US and base pay for DD is $2.00 The only people currently doing it are new hires that spend 6 months getting screwed before they find out they a making minimum wage. There is no demand right now. Even truck drivers are having a hard time staying business.
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  37.  @rabbitcreative  What are better ways?
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  38. It's all tied to the same economic system; all currencies are traded in the Reserve USD.
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  39.  @BBG-y7k  High demand = high prices typically. Americans love to be unhealthy for the most part.
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  40. Constant anxiety and cortisol will do that to your body. Remember that the youngest millennials were subjected to iPhone, social media, and rampant sensationalism at the age of 13; most were in their 20s. The oldest of Gen Z got ahold of them when they were 10 or 11 and a majority were exposed by 3-7 years old. Spending your entire childhood looped in blue-light anxiety, doom and gloom media, and low self esteem has MAJOR implications on your physical and mental health. I'm not trying to be rude, but Generation Z will most likely be the first generation to have a severe decline in longevity due to these factors. Anxious people tend to live considerably shorter lives; typically passing in their 60s. Heart and vascular issues tend to be the most common. Long term stress is literally a killer.
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  41. Not exactly, all of this comes down to unemployment insurance fraud! Companies have to report their employment and vacancies to the state in order to pay into the state's unemployment insurance fund. They found out that by creating 'ghost' jobs; they could get their taxes lowered because it give the appearance of a strong labor market. The state gets good jobs numbers and the company gets a tax break. Companies then impose 'interview quotas' on their HR staff so that they don't get charged with tax fraud for a fake job. It's basically impossible to prove on paper.
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  42. Many companies are withholding that information in the hopes that desperate idiots will take the job lol
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